Lead Scoring Software

HubSpot CRM Software

31 Reviews

Hubspot CRM Software is an all-in-one marketing automation tool that allows for users to convert leads into sales. The software has email marketing campaigns capabilities, insight tools to measure performance and ROI as well a...Read more

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SharpSpring Marketing Automation Software

25 Reviews

SharpSpring Software is a high-rated widespread marketing automation provider with a powerful set of functionalities and features. The software is an all-in-one integrated tool that offers a number of services including CRM, sales...Read more

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Act-On Software

25 Reviews

In terms of marketing, Act-On Software is an extensive software with a wide range of applications, benefitting marketing specialists since its advent in 2008. Offering features like lead management, advertising via email, tracking...Read more

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Pardot Software

18 Reviews

Pardot is a lead management software that allows users to compile extensive contact lists and further divide them into groups with similar features so that it is easier to create targeted ads. The software is built to enable users...Read more

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Mailchimp Software

18 Reviews

Mailchimp is perhaps one of the most popular software that helps users disseminate newsletters among other things. The company has diversified and added more features to the software which enables users to do much more than send n...Read more

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Marketo Engage Software

15 Reviews

Marketo Engage is essentially an automated email marketing software hosted on the Adobe Experience Cloud. The software has features that aid marketing automation, social marketing, nurturing leads, sales insight, managing budgets,...Read more

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Infusionsoft by Keap

15 Reviews

Infusionsoft by Keap is an award-winning integrated e-marketing and sales solutions software for small businesses. It is the only software that provides an all-in-one platform that automates sales, marketing and, business procedur...Read more

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Kizen Software

14 Reviews

Kizen Software is the first no-code, enterprise-grade CRM & operations platform. Hyper-customize your sales and operations processes without coding, deploying at 1/10 of the cost and 10x the speed of legacy providers. Unleash y...Read more

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Klaviyo

13 Reviews

Klaviyo is an innovative and responsive cloud-based marketing automating service. With its easy-to-use interface and centralized marketing system, Klaviyo efficiently enables eCommerce users to effectively target, personalize, opt...Read more

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Campaign Monitor

13 Reviews

Founded in 2004, Campaign Monitor is today one of the leading email marketing service providers with millions of marketers in 250,000 companies worldwide. Some of the most famous companies use CM for example BuzzFeed, Coca-Cola, D...Read more

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Spark Marketing Automation Software by Marketo

12 Reviews

Spark by Marketo is a marketing automation software that assists businesses to secure clients and manage marketing campaigns. This cloud-based marketing solution enables users to execute better campaigns by incorporating flexibili...Read more

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Sendinblue Software

12 Reviews

Sendinblue Software is a cloud-based marketing tool that enables businesses to prepare and disseminate their email and SMS marketing campaigns. The software has been around for a while and has since then added a lot of tools a...Read more

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Salesforce Engage Software

12 Reviews

Salesforce Engage is a cloud-based software that provides users with customer service management options. The software is perhaps one of the most popular CRM software on the market. The software can be integrated into other so...Read more

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Pipedrive CRM Software

12 Reviews

Pipedrive is a cloud-based CRM tool focused on Sales and pipeline management which provides businesses functions to plan their sales activities and monitor deals the software is designed with an activity-based selling methodology ...Read more

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Percolate

12 Reviews

Percolate is an all-in-one software that is used to create a plan and ensure execution of the plan by marketers all across the world. It also offers a great coordination facility between teams, channels, and marketers through its ...Read more

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Lead Scoring Software Buyers Guide

Last updated: October 03, 2023

Every business has prospects, and so every business needs a fool-proof system organizing and prioritizing them. Not all leads hold the same value or require the same kind of attention/nurturing. There are some prospects with an only casual interest in a brand, while others are looking to make a purchase, as early as the same day. Lead Scoring helps companies identify whether prospects need to be fast-tracked to sales or developed with lead nurturing. Lead Scoring software assesses and ranks leads by making use of lead demographic and firmographic attributes, such as job title, company size, and industry; as well as behavioral scoring such as page visits, clicks, and keywords.

This guide is intended to help you understand some necessary information relating to Lead Scoring software, how they work, their features and what benefits they offer so you can choose the right one for your company requirements.

What is a Lead Scoring software?

Lead scoring is a methodology of determining the worth of leads, or potential customers, by attaching values to them based on their behavior relating to their interest in a product or service. The value of each lead shifts from company to company, however, for the most part, is described by the intrigue shown in the company or their places in the purchasing cycle. Organizations relegate point-based systems in qualifying leads or just label them as hot, warm or cold leads, based on past interactions.

Every company has its distinguished model for assigning points to score their leads, though among the most popular ways is using data from past leads to create the value system. To score a lead, data is assembled about the lead's occupation and job in that industry to decide if they're suitable to sell to. Data about a lead's demographics, activities, and field of interest also play a huge role when determining whether that lead would be interested in a company’s offerings.

Each activity is doled out a point value relying upon how likely the software predicts that activity will prompt a buy. Leads who are a perfect fit and who have exhibited a high enthusiasm for a company or their product are considered marketing-qualified leads and are ordinarily passed to sales divisions, though the individuals who are regarded a solid match however with insignificant interaction are sent to marketing teams for lead nurturing.

Zoho Lead Scoring Page

Prominent Features in a Lead Scoring Software

Rules-based Scoring: A set of rules and determining factors are fixed by the user according to which leads are ranked. This is a traditional lead scoring method and is comparatively less effective and accurate compared to the predictive ranking methods.

Predictive Scoring: Lead’s past interactions and actions are gathered and assessed using a complex algorithm against a value chart based on the data existing in the CRM. The lead is then ranked to its likelihood of making a purchase. Sales teams use these rankings to prioritize likely sales opportunities.

Pipeline Management: Identifying a lead’s location is the sales pipeline is an integral component of lead scoring. Pipeline management monitors and manages contacts and content when the need arises. This gives marketing teams a 360 view of pipelines regarding lead ranks and the best time and approach to contact them.

Analytics and Reports: Analysis of the data captured from leads and constructing comprehensive reports for sales and marketing teams to strategize and monitor activities to determine which leads are most likely to convert to sales, is a crucial step in lead scoring.

Other Considerations:

Cloud-based or On-premise deployment: In-house installments have their own set of pros and cons such as the ease of having all data safe within your office premises, there for you to access at all times without the need of an internet connection. However, the additional requirements such as hosting, implementation cost, storage space, hardware servers and regular maintenance by the buying party adds up to a lot of extra hassle. Whereas cloud-based platforms are increasingly popular today for their ease, as they have your entire data secured on an infinite cloud-space that you can access any time at any place, it requires no implementation, hardware or extra staff for its constant maintenance.

Integration with CRM: Since the introduction of predictive lead scoring algorithms, the need for seamless integration with CRM and other marketing solutions has become preordained for any Lead Scoring software, to be able to access contact databases. While there are many lead scoring solutions that are an extension to a larger CRM suite making it easy to access contact information from the mainframe, it is imperative to consider the level of integration when purchasing a standalone so you can gain access to the marketing/CRM database easily otherwise some functions such as predictive lead scoring algorithms will not be able to work properly.